Depatrac
ActiveThe computed 12-month bankruptcy probability of Depatrac is 2.3% (moderate). The 2024 annual accounts show equity of €3.43M and a net result of €788k. Equity is growing by ~52.3% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▼-28
Solvency79▲+11
Growth78=
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €210k at 30 days acceptable
Liquidity short (current ratio 0.48 against 0.15 in 2023; short-term debt: 11.3% and cash: 1.2% of total assets), and 46.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
53.9%
Return on assets
12.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-05-2025, 72 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
72 d early
2023
49 d early
2022
68 d early
2021
149 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€121k
EBIT margin
72.0%
Net result
€788k▼ 45.4%
2023 · €1.44M
2021: €536k
2022: €656k
2023: €1.44M
2021 → 2024
Working capital
€-373k▲ 38.1%
2023 · €-602k
2021: €-643k
2022: €-614k
2023: €-602k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€121k-
Equity€546k-€1.20M▲ 120%€2.65M▲ 120%€3.43M▲ 29.8%
Operating result€87k-€158k▲ 81.6%€51k▼ 67.8%€70k▲ 37.5%
Net result€536k-€656k▲ 22.4%€1.44M▲ 120%€788k▼ 45.4%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 38% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.37M
Fixed assets
€6.02M=
Current assets
€345k▲ 229%
Equity and liabilities €6.37M
Equity
€3.43M▲ 29.8%
Debt
€2.93M▼ 15.7%
The debt ratio falls from 56.8% to 46.1%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
53.9%▲
2023 · 43.2%
Current ratio
0.48▲
2023 · 0.15
Quick ratio
0.48▲
2023 · 0.15
Debt / equity
0.85▼
2023 · 1.32
ROE
23.0%▼
2023 · 54.6%
ROA
12.4%▼
2023 · 23.6%
Debt
€2.93M▼
2023 · €3.48M
Debt ≤ 1 year
€718k▲
2023 · €707k
Debt > 1 year
€2.17M▼
2023 · €2.71M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€6.13M€6.37M▲
Fixed assets21/28€6.02M€6.02M=
Financial fixed assets28€6.02M€6.02M=
Current assets29/58€105k€345k▲
Amounts receivable within one year40/41€38k€265k▲
Trade receivables40€15k€250k▲
Other amounts receivable41€23k€15k▼
Cash at bank and in hand54/58€64k€77k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€6.13M€6.37M▲
Equity10/15€2.65M€3.43M▲
Contributions10/11€10k€10k=
Reserves13€2.63M€3.42M▲
Distributable reserves133€2.63M€3.42M▲
Profit (loss) carried forward14€4k€3k▼
Amounts payable17/49€3.48M€2.93M▼
Amounts payable after more than one year17€2.71M€2.17M▼
Financial debts170/4€1.40M€859k▼
Other amounts payable178/9€1.31M€1.31M=
Amounts payable within one year42/48€707k€718k▲
Current portion of amounts payable after more than one year42€700k€715k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€2k€174▼
Suppliers440/4€2k€174▼
Taxes, remuneration and social security45€5k€3k▼
Taxes450/3€2k€3k▲
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€63k€45k▼
Income statement
Code20232024
Other operating charges640/8€1k€2k▲
Gross operating margin9900€52k€72k▲
Operating profit (loss)9901€51k€70k▲
Financial income75/76B€1.50M€800k▼
Recurring financial income75€1.50M€800k▼
Financial charges65/66B€107k€82k▼
Recurring financial charges65€107k€82k▼
Profit (loss) for the period before taxes9903€1.44M€788k▼
Income taxes67/77€0-
Profit (loss) for the period9904€1.44M€788k▼
Profit (loss) for the period to be appropriated9905€1.44M€788k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.44M€793k▼
Profit (loss) brought forward from the previous period14P€563€4k▲
Transfer to equity691/2€1.44M€790k▼
To other reserves6921€1.44M€790k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2021net €1.44M ▲120%
Net result €1.44M, the highest in the series.
31-12
Financial
Equity above €2MEq €2.65M ▲120%
3 profitable years in a row build equity to €2.65M.
24-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €1MEq €1.20M ▲120%
2 profitable years in a row build equity to €1.20M.
04-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Diksmuide · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Wittepoortstraat(BK) 428600 DiksmuideGround area
3,252 m²
Building footprint
192 m²
Volume, LiDAR
366 m³
Parcel 32008B0379/00K000, Flanders · tallest building 8.0 m. Linked by address, not a title deed.
1 establishment unit
Depatrac
since 20202.311.420.522
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32008B0379/00K000 | Flanders | 3,252 m² | 1 · 192 m² | 8.0 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2020
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.